Stocks in Action USA: SolarEdge, Appian, and Penumbra.
Reading Time: 3 minutes
SolarEdge (SEDG) – the severely impaired solar specialist presents mixed numbers – stock rises by 34%. The solar technology specialist SolarEdge reported a revenue of $196.2 million for the fourth quarter of 2024, which corresponds to a decline of 17% compared to the previous quarter. Despite a high net loss of $287.4 million, the company views the current figures as a turning point: CEO Shuki Nir emphasizes that positive free cash flows are targeted in Q1 2025 along with a sustainable trend reversal. Particularly burdensome were write-offs...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
